Charles Schwab Trust Co Has $5.34 Million Position in Alphabet Inc. $GOOG

Charles Schwab Trust Co lessened its holdings in Alphabet Inc. (NASDAQ:GOOG) by 12.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 17,000 shares of the information services provider’s stock after selling 2,479 shares during the quarter. Charles Schwab Trust Co’s holdings in Alphabet were worth $5,335,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in GOOG. State Street Corp grew its stake in Alphabet by 1.3% during the second quarter. State Street Corp now owns 188,914,125 shares of the information services provider’s stock worth $33,511,477,000 after buying an additional 2,428,266 shares during the last quarter. JPMorgan Chase & Co. raised its stake in shares of Alphabet by 8.6% in the third quarter. JPMorgan Chase & Co. now owns 99,529,742 shares of the information services provider’s stock valued at $24,240,469,000 after acquiring an additional 7,904,434 shares during the last quarter. Alliancebernstein L.P. raised its stake in shares of Alphabet by 5.8% in the third quarter. Alliancebernstein L.P. now owns 40,032,291 shares of the information services provider’s stock valued at $9,749,864,000 after acquiring an additional 2,209,203 shares during the last quarter. Legal & General Group Plc boosted its holdings in shares of Alphabet by 0.7% in the 3rd quarter. Legal & General Group Plc now owns 32,583,332 shares of the information services provider’s stock worth $7,935,671,000 after acquiring an additional 223,743 shares in the last quarter. Finally, Capital World Investors grew its position in Alphabet by 1.9% during the 3rd quarter. Capital World Investors now owns 28,625,464 shares of the information services provider’s stock worth $6,971,769,000 after acquiring an additional 539,679 shares during the last quarter. Institutional investors and hedge funds own 27.26% of the company’s stock.

More Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: DeepMind/robotics partnership expands commercial uses for Gemini models and underscores Alphabet’s leadership in agentic AI — a near‑term narrative investors reward. Google partners with Agile Robots
• Positive Sentiment: Google Cloud wins and industry deals (Openreach, BMO tokenization) reinforce enterprise monetization of AI/Cloud, supporting revenue growth that analysts cite in upgraded price targets. Openreach taps Google AI
• Neutral Sentiment: Technical and product improvements — lower‑memory AI algorithms and better AI‑generated music — improve efficiency and product appeal but are incremental for near‑term earnings. Google introduces new algos to reduce AI memory usage
• Neutral Sentiment: Regulatory/product initiatives in key markets — e.g., labeling verified investment apps in India — lower consumer‑risk friction but also signal more local compliance work for Google Play and services. Google to label verified investment apps in India
• Negative Sentiment: A Los Angeles jury found Google’s YouTube negligent in a social‑media addiction lawsuit — a small compensatory award now but a potential legal precedent that could multiply future litigation, settlement costs and regulatory scrutiny for platforms. That verdict has been the headline driver of earlier selling pressure. What did jury decide in social media case against Meta and Google?
• Negative Sentiment: Broader investor concerns — heavy AI capex, sector technical weakness and commentary about slide toward bear‑market territory — keep near‑term downside risk even as fundamentals improve. Google Stock Slides Toward Bear Market Territory

Insider Transactions at Alphabet

In related news, CEO Sundar Pichai sold 32,500 shares of Alphabet stock in a transaction dated Wednesday, January 7th. The stock was sold at an average price of $321.21, for a total value of $10,439,325.00. Following the completion of the sale, the chief executive officer directly owned 2,244,372 shares in the company, valued at $720,914,730.12. This trade represents a 1.43% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director John L. Hennessy sold 1,050 shares of the business’s stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $303.41, for a total value of $318,580.50. Following the sale, the director directly owned 4,631 shares of the company’s stock, valued at $1,405,091.71. This represents a 18.48% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 2,110,165 shares of company stock worth $118,134,117 in the last ninety days. 12.99% of the stock is currently owned by insiders.

Analysts Set New Price Targets

GOOG has been the subject of a number of recent analyst reports. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $375.00 price target on shares of Alphabet in a report on Thursday, January 15th. Scotiabank reissued an “outperform” rating and issued a $400.00 price objective (up from $375.00) on shares of Alphabet in a research note on Thursday, February 5th. Jefferies Financial Group restated a “buy” rating and set a $365.00 target price on shares of Alphabet in a report on Monday, January 5th. Sanford C. Bernstein restated a “market perform” rating and issued a $345.00 target price on shares of Alphabet in a research note on Thursday, February 5th. Finally, Wells Fargo & Company raised Alphabet from a “hold” rating to a “strong-buy” rating in a report on Monday, February 23rd. Nine analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus target price of $345.71.

Alphabet Stock Performance

GOOG stock opened at $289.59 on Thursday. The company has a 50 day moving average price of $315.11 and a 200 day moving average price of $294.83. Alphabet Inc. has a fifty-two week low of $142.66 and a fifty-two week high of $350.15. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.01 and a quick ratio of 2.01. The stock has a market capitalization of $3.50 trillion, a PE ratio of 26.79, a price-to-earnings-growth ratio of 1.69 and a beta of 1.10.

Alphabet (NASDAQ:GOOG) last announced its quarterly earnings data on Thursday, February 5th. The information services provider reported $2.82 EPS for the quarter, beating analysts’ consensus estimates of $2.59 by $0.23. The firm had revenue of $113.83 billion for the quarter, compared to analyst estimates of $111.24 billion. Alphabet had a return on equity of 35.01% and a net margin of 32.81%.The business’s quarterly revenue was up 18.0% compared to the same quarter last year. During the same period last year, the company earned $2.15 EPS. Analysts forecast that Alphabet Inc. will post 8.89 EPS for the current year.

Alphabet Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 16th. Investors of record on Monday, March 9th were issued a $0.21 dividend. The ex-dividend date was Monday, March 9th. This represents a $0.84 annualized dividend and a yield of 0.3%. Alphabet’s dividend payout ratio (DPR) is currently 7.77%.

Alphabet Company Profile

Alphabet Inc (NASDAQ: GOOG) is a multinational technology holding company headquartered in Mountain View, California. Formed in 2015 through a corporate restructuring of Google, Alphabet serves as the parent to Google LLC and a portfolio of businesses collectively known as “Other Bets.” Google was originally founded in 1998 by Larry Page and Sergey Brin; Alphabet is led by CEO Sundar Pichai, who oversees Google and the broader company while the founders remain prominent shareholders and influential figures in the company’s history.

Alphabet’s core business centers on internet search and advertising, with Google Search and the company’s ad platforms (including Google Ads and AdSense) generating the majority of revenue by connecting advertisers with consumers worldwide.